How tech can help the elderly 'age in place,' save money, and be independent

How tech can help the elderly ‘age in place,’ save money, and be independent

Laurie Orlov, principal analyst, aging in place, for Technology Watch, spoke at the Louisville Innovation Summit. “Aging care is one of the most aggressive industries in innovation,” said Keisha Deonarine, economic development manager for the city of Louisville, Kentucky. Deonarine, speaking at the third annual Louisville Innovation Summit on Monday, hit on a key point: The rise of big data, IoT, and AI have enormous implications for the improvement of the US healthcare system. It’s a system ripe for innovation—already this year, $6.5 billion has been invested in digital health startups. And it’s an industry with critical implications for the elderly. In the US, there are 46 million people over the age of 65, and 20 million over the age of 75, said industry analyst and former CIO, Laurie Orlov.…